海南大东海旅游中心股份有限公司 2018 年年度报告摘要
Stock Code: 000613, 200613 Short Form of the Stock: Dadonghai -A, Dadonghai –B
Notice No: 2019-008
海南大东海旅游中心股份有限公司
Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
Summary of Annual Report 2018
Disclosure Date: 26 February 2019
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
Summary of Annual Report 2018
I. Important Notice
The summary is abstract from full-text of annual report, for more details of operating results, financial condition and future
development plan of the Company; investors should found in the full-text of annual report that published on media appointed by
CSRC.
Objection statement of directors, supervisors and senior executives
□ Applicable √ Not applicable
.Prompt of non-standard audit opinion
□ Applicable √ Not applicable
Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reporting
period
□ Applicable √ Not applicable
The Company has no plans of cash dividend distributed, no bonus shares and has no share converted from capital reserve.
Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□ Applicable □ Not applicable
II. Basic information of the company
1. Company profile
Short form of the stock Dadonghai -A, Dadonghai
Stock code 000613、200613
-B
Stock exchange for listing Shenzhen Stock Exchange
Person/Way to contact Secretary of the Board Rep. of security affairs
Name Wang Hongjuan
Office add. Dadonghai Sanya
Fax. 0898-88214998
Tel. 0898-88219921
E-mail hnddhhn@21cn.com
2. Main business or product introduction in the reporting period
The company's main business is hotel accommodation and catering services. Procurement of goods is mainly the goods and materials
necessary for hotel and catering operations by taking the principle of low price and fine quality, some goods are purchased by
directly signing purchase contracts with suppliers, and some good are purchased by procurement agents. The operation are mainly
including the network billing and overseas travel agency team, and supplemented by the individual travelers of non-internet
marketing and business and the tourists from travel agencies. The hotel is located at the central zone of Dadonghai scenic spot in
Sanya City, Hainan Province, and it has become a member of the nationwide famous hotels because of the convenient transportation,
beautiful environment, long history, and rich culture. However, in recent years, the local high-, middle- and low-grade hotels or
guesthouses numerously emerge, resulting in the supply much larger than the market demand, the industry competition is rather
fierce, and the pressure of decline in business remains.
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
3. Main accounting data and financial indexes
(1) Main accounting data and financial indexes for recently three years
Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes √ No
In RMB
2018 2017 Changes over last year 2016
Operating income (RMB) 29,515,592.33 27,906,564.23 5.77% 21,708,883.51
Net profit attributable to
shareholders of the listed 653,282.19 2,858,998.66 -77.15% -2,661,052.49
company (RMB)
Net profit attributable to
shareholders of the listed
company after deducting 816,346.09 779,389.74 4.74% -4,072,689.97
non-recurring gains and losses
(RMB)
Net cash flow arising from operating
activities (RMB) 6,783,893.26 5,127,288.47 32.31% 2,766,372.02
Basic earnings per share (RMB/Share) 0.0018 0.0079 -77.22% -0.0073
Diluted earnings per share
(RMB/Share) 0.0018 0.0079 -77.22% -0.0073
Return on Equity 0.84% 3.78% -2.94% -3.52%
Changes over end of
End of 2018 End of 2017 End of 2016
last year
Total assets (RMB) 88,197,118.07 87,466,661.80 0.84% 105,444,153.63
Net assets attributable to shareholder
of listed company (RMB) 77,788,696.29 77,135,414.10 0.85% 74,276,415.44
(2) Quarterly main financial index
In RMB
First quarter Second quarter Third quarter Fourth quarter
Operating income 9,888,991.83 6,284,937.49 5,799,836.91 7,541,826.10
Net profit attributable to
shareholders of the listed 1,973,425.41 -691,259.83 -687,050.10 58,166.71
company
Net profit attributable to
shareholders of the listed
company after deducting 1,973,903.39 -691,532.83 -687,050.10 221,025.63
non-recurring gains and losses
Net cash flow arising from
operating activities 2,610,752.60 499,925.00 1,585,973.61 2,087,242.05
Whether there are significant differences between the above-mentioned financial index or its total number and the relevant financial
index disclosed in the company’s quarterly report and semi-annual report
□Yes √ No
4. Shares and shareholders
(1) Particulars about common stock shareholders, preference shareholders with voting rights recovered and
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
top ten shareholders
In Share
Total
preference
Total common
shareholders Total preference
stock
Total common stock with voting shareholders with voting
shareholders at
shareholders in 44,014 40,589 rights 0 rights recovered at end of 0
end of last month
reporting period-end recovered at last month before annual
before annual
end of report disclosed
report disclosed
reporting
period
Top ten shareholders
Proportio Number of shares
Amount of
Nature of n of Amount of pledged/frozen
Full name of Shareholders restricted shares
shareholder shares shares held State of
held Amount
held share
Domestic non
Luoniushan Co., Ltd. state-owned 17.55% 63,885,980 0 Pledged 63,885,980
corporate
Domestic nature
Yang Meiqin 4.47% 16,279,028 0 Pledged 15,910,000
person
Domestic nature
Pan Anjie 4.01% 14,593,598 0
person
Domestic non
Hainan Ya An Ju Property Service
state-owned 2.25% 8,205,800 0
Co., Ltd.
corporate
Domestic nature
Chen Jinlian 2.13% 7,766,400 0
person
HGNH International Asset
Management Co., Ltd – Foreign corporate 1.23% 4,495,902 0
customer deposit
Domestic nature
Pan Aiping 1.13% 4,110,738 0 Pledged 4,090,000
person
Domestic nature
Zhang Fengxiu 1.07% 3,901,372 0
person
China Investment Securities
(HK) Co., Ld. – customer Foreign corporate 0.99% 3,622,300 0
deposit
Feishang Group Limited Foreign corporate 0.86% 3,122,800 0
Among the above shareholders, Hainan Ya’an Residence Property Service Co.,
Ltd. is the wholly-owned subsidiary of Luoniushan Co., Ltd; Yang Meiqin, Pan
Explanation on associated relationship among the Anjie, Chen Jinlian and Pan Aiping are the persons acting in concert; the
Company is unknown whether there exists associated relationship or belongs to
aforesaid shareholders
the consistent actor regulated by the Management Measure of Information
Disclosure on Change of Shareholding for Listed Company among the other
shareholders.
Explanation on shareholders involving margin
N/A
business
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
(2) Total preferred stock shareholders of the Company and shares held by top ten shareholders with
preferred stock held
□ Applicable √ Not applicable
The Company had no shareholders with preferred stock held in the reporting.
(3) Property right and controlling relationships between the actual controllers of the Company and the
Company is as follows:
5. Corporate bonds
Whether or not the Company public offering corporation bonds in stock exchange, which undue or without payment in full at
maturity on the approval date for annual report disclosed
No
III. Discussion and analysis of operation
1. Introduction of operation in the reporting period
Whether the company needs to comply with the disclosure requirements of the particular industry
No
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
During the reporting period, the company realized main business income of 29,515,600 Yuan, increased by
1,609,000 Yuan compared with the same period last year, an increase of 5.77%; operating profit of 816,300 Yuan,
decreased by 768,900 Yuan compared with the same period last year, a decrease of 48.50%; net non-operating
income of 163,100 Yuan, decreased by 1,436,800 Yuan compared with the same period last year, a decrease of
112.80%; net profit of 653,300 Yuan, decreased by 2,205,700 Yuan compared with the same period last year, a
decrease of 77.15%.
During the reporting period, the Company focus on market-oriented and use marketing strategy in a flexible way
to exploited the sales channel, meanwhile, strengthening enterprise culture construction as well as the employee
team-building, making efforts to improve product’s quality, strictly controlling the cost management, perfect the
Company’s internal control system in order to reduce the risks and consumptions for more income earns and less
expenditure costs, we completed the operation targets that formulated at beginning of the year basically. Main
works are as:
1. Market-oriented, use marketing strategy in a flexible way to exploit the sales channel
During the reporting period, the Company actively expanded the network market, the Russian market and the
southwest, north, east and southern China markets in addition to further consolidating its existing customer bases
oriented by markets with flexible utilization of marketing strategies. Besides, increasing cooperation was made
by the Company with domestic and foreign well-known travel agencies, sales network platforms and direct-sale
travel agencies in the first and second tier cities. The Company also conducted implementation of sales
incentives and sales mechanism involving every staff, to increase the market share in terms of sales. During the
reporting period, the revenue of the Company from overseas sales, network sales, meeting teams and individual
visitors from travel agencies increased significantly over the same period of last year. The revenue from its major
operating business was RMB27.9066 million, representing a year-on-year increase of 28.55% as compared to the
revenue of RMB6.1977 million of previous year.
2. People-oriented, strengthen the enterprise with high-quality, strive to improve product quality and enhance the
competitive-ness of enterprises
In reporting period, in line with the Human-Oriented employment ideality, we continuously enriched the culture
life for employees, create a harmonious working environment and strengthen the construction of enterprise culture
and staff-building. At the same time, create new management mechanism, motivate and mobilized the enthusiasm,
initiative and creativity of the staff. Based on the management ideal of “strengthen the enterprise with
high-quality”, we constantly strengthen the hotel management and carried out skill training in pre-job for their
basic information and the after-job for business ability improvement. Enhance the service standards and
consciousness, as well as the sense of responsibility and quality, effectively improved the service quality and
management standards, and improving the quality of the hotel and comprehensive competitiveness.
3. Strictly curb the costs and budget management, improve internal control mechanism, reducing risks and
consumptions, increase revenue and reduce expenditures, safety in production to maximize the interest of the
enterprise
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
During the reporting period, the Company continued to focus on financial management, improve the procurement
management system, strengthen management of procurement cost control and budget management, adopt
diversified means to obtain procurement price inquiry, such as network price inquiry, the hotel industry price
inquiry and other measures, obtain cost inquiry from over three suppliers to select the best one, control operating
costs in a scientific manner, strictly control various expense and expenditures, frequent inspection and repair to
prevent waste of resources, which enabled the Company to effectively improve the reasonableness of procurement
cost and cost effectiveness. Besides, human resources cost was effectively brought down due to optimized organ
establishment and personnel distribution. At the same time, the Company continued to improve the internal control
system, strengthen regulation and implementation of internal control system, strengthen the effective
implementation of internal control work, reduce risks and consumption, increase revenue and control expenditures,
emphasize production safety and improve operational efficiency, to ensure the operation safety and thus maximize
the interests of the Company as a whole.
In 2019, the Company continues to consolidate and expand sales channels, improve the hotel’s quality and service
standards, and enhance the comprehensive competitiveness, to laying out a solid foundation for sustained, stable
and healthy development of the Company.
2. Whether the main business had major change in the reporting period
□ Yes √ No
3. About the industries, products, or regions accounting for over 10% of the company’s operating income
or operating profit
√Applicable □Not applicable
In RMB
Increase/decrea
Increase/decrea Increase/decrea
Operating Gross profit se of gross
Name Operating cost se of operating se of operating
revenue ratio profit ratio
revenue y-o-y cost y-o-y
y-o-y
Room revenue 22,731,299.15 7,520,164.91 59.06% 7.72% -0.20% 0.56%
Catering
entertainment 3,710,750.32 773,397.55 46.82% 3.41% 699.62% -0.04%
income
Room revenue 3,073,542.86 2,453,870.46 84.56% -4.40% -4.71% -0.68%
4. Whether the characteristics of management seasonal or cyclical need special attention
□ Yes √ No
5. In the reporting period, note of major changes in operating income, operating cost, total net profit
attributable to common stock shareholders of listed company or composing the previous reporting period
□ Applicable √ Not applicable
6. Particular about suspended and delisting
□ Applicable √ Not applicable
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
7. Relevant items involving financial report
(1) Particulars about the changes in aspect of accounting policy, estimates and calculation method
compared with the financial report of last year
√Applicable □Not applicable
1. Change of accounting policy
On 15 June 2018, the Notice of the Ministry of Fiance on Revising and Issuing the Format of General
Corporate Enterprise Financial Statements for 2018 (CK [2018] No.15) was issued by the Ministry of
Fiance, the financial statement format for general corporate enterprise are revised. Main influence for the
above mentioned Revised of the Company are:
Content and reaosn for accounting policy changed Approval Items and amount being affected
procedures
(1) Under the balance sheet: “Note receivable” and Resolution of “Note receivable” and “Account receivable” are together
“Account receivable” are together listed as “Note the Board listed as “Note receivable & account receivable”, current
receivable & account receivable”;”Note payable” and balance amounted as 426,434.87 Yuan, while
“Account payable” are together listed as “Note 594,130.89 Yuan listed last period;
payable & account payable”; ”Interest receivable” ”Note payable” and “Account payable” are together listed as
and “Dividend receivable” are included under the “Note payable & account payable”, current balance amounted
“Other receivables”; “Interest payable” and as1, 607,835.81 Yuan while 2,161,172.26 Yuan listed last
“Dividend payable” are included under the “Other period.
payables”;”Fixed assets disposal” is included under “Interest payable” and “Dividend payable” are included under
the “Fixed assets”; “Engineering materials” is the “Other payables”; ”Fixed assets disposal” is included
included under the “Construction in progress”; under the “Fixed assets”; “Engineering materials” is included
“Special payables” is included under the “Long-term under the “Construction in progress”; “Special payables” is
payables”. The comparative data should be adjusted included under the “Long-term payables”, there were no
correspondingly amount listed in the period and last period
(2)Added item of “R&D expenses” under the profit Resolution of The R&D expenses included under original “Administration
statement, the R&D expenses included under original the Board expenses” was re-classified as “R&D expenses” for counting
“Administration expenses” was re-classified as independently; no amount occurred in the period and last
“R&D expenses” for counting independently; added period
“Including: interest expenses” and “Interest revenue”
under the financial expenses. The comparative data
should be adjusted correspondingly
(3) Added item of “Change amount of defined Resolution of Added item of “Change amount of defined benefit plans that
benefit plans that carry forward retained earnings” the Board carry forward retained earnings” under the statement of
under the statement of change of owners’ equity. The change of owners’ equity, no amount occurred in the period
comparative data should be adjusted correspondingly and last period
2. Change of accounting estimates
Major accounting estimates have no changes in the reporting period.
3. Change of calculation method
Major calculation method has no changes in the reporting period
(2) Major accounting errors within reporting period that needs retrospective restatement
□ Applicable √ Not applicable
No major accounting errors within reporting period that needs retrospective restatement for the Company in the period.
(3) Compare with last year’s financial report; explain changes in consolidation statement’s
scope
√ Applicable □Not applicable
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海南大东海旅游中心股份有限公司 2018 年年度报告摘要
Changes of consolidated scope
Subsidiary included in consolidated scope in the period
In RMB
Name Comibed by Net assets at Current net profit Establihsed on
period-end
Hainan Wengao Tourism Resources New
999,768.27 -231.73 2018.6.6
Development Co., Ltd. establishment
Board of Directors of
HAINAN DADONGHAI TOURISM CENTER (HOLDINGS) CO., LTD.
24 February 2019
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